XMR went from $25M to close to roughly $60M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.
There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.
I like Monero though and hold some but the two should definitely reach parity again at some point.
The DHS awarded Factom $199K and the Wall Street firm in question is a Florida-based startup with $500K in seed funding. Sure we can abstract away and add gravitas by calling it 'US government' and 'Wall Street', but the details matter. After all, Monero's rise was due to
the largest DNM adopting it, not merely
any DNM.